Samty Residential Investment Corporation

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  3. S-FORT Aoi 1-Chome

A-18S-FORT Aoi 1-Chome

Address 1‐13‐6 Aoi, Higashi‐ku, Nagoya‐shi, Aichi
Access Approx. a five minute walk both from Chikusa Station and Shin‐Sakaemachi Station on the Nagoya City Subway Higashiyama Line.
Number of rentableunits 54
Construction completed Feb. 2009
Acquisition price 1,080 million yen
Appraised NOI yield 5.2%
Type Compact

Property description

The Property, which has compact type units, is about a five‐minute walk both from Chikusa Station and Shin‐Sakaemachi Station on the Nagoya City Subway Higashiyama Line. Access to the central areas of the city is excellent, as it takes approx. 2 minutes to Sakae Station and approx. 7 minutes to Nagoya Station from Shin‐Sakaemachi Station by using the subway Higashiyama Line. In the vicinity, there are plenty of supermarkets and other retail properties, as well as public facilities including Nunoike Park and Aoi Elementary School and Nunoike Catholic Church Cathedral, which has been designated as registered tangible cultural property. As such, the Property is in a living environment that offers both living convenience and a cultural atmosphere.

With such characteristics, the Property is believed to have a high level of competitiveness in the leasing market of areas with comparable supply and demand trends.

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